The Fair Share Report
219 Progress St
Riverside, NJ 08075
The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.
This home's full record →Check another house →
Step 1 · Market value
Likely range $199,740 – $297,338, from 12 comparable Riverside sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Riverside assessments sit below market value — republished every October, applied town-wide. A $250,378 home should be assessed near $143,492.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $33,892 below what the ratio math suggests (23.6%).
Step 4 · The tax rate — same for every Riverside home
$2.144 Schools · 52% $0.554 County · 14% $1.392 Town · 34%
Step 5 · The bill
This home vs. every recent Riverside sale · assessed ÷ market
31%81%
Paying about right
This home's ratio lands inside Riverside's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 127 CLEVELAND AVE | 2025-08 | $260,000 | 1,239 | 52.3% |
| 327 WHITTAKER ST | 2026-02 | $245,000 | 1,206 | 54.9% |
| 567 FAIRVIEW ST | 2025-11 | $275,000 | 1,200 | 44.9% |
| 537 BRIDGEBORO ST | 2025-11 | $299,900 | 1,222 | 46.0% |
| 110 JEFFERSON ST | 2025-01 | $175,000 | 1,190 | 48.6% |
| 208 CLEVELAND AVE | 2025-04 | $325,000 | 1,344 | 46.9% |
| 112 JEFFERSON ST | 2025-01 | $181,500 | 1,190 | 55.7% |
| 609 CLEVELAND AVE | 2025-06 | $400,000 | 1,180 | 44.9% |
| 225 DELAWARE AVE | 2026-02 | $328,100 | 1,611 | 40.2% |
| 717 BEM ST | 2025-05 | $405,000 | 1,161 | 48.7% |
| 211 PAINE ST | 2025-08 | $190,000 | 1,090 | 73.4% |
| 504 JEFFERSON ST | 2025-04 | $340,000 | 1,127 | 45.5% |
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